Duluth, MN · Cert 22618
FDIC · 6 branches
Q3 2019
Market Position · Duluth, MN-WI · 2019 SOD (annual) · 7.1% share · #4 of 29 inst. · $0.3B of $4.5B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2018 | Q4 2018 | Q1 2019 | Q2 2019 | Q3 2019 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.31% | 1.07% | 1.02% | 0.72% | 1.02% | -30 bps | |
| Return on Equity | 12.11% | 9.86% | 9.32% | 6.61% | 9.18% | -293 bps | |
| Net Interest Margin | 3.78% | 3.76% | 3.82% | 3.87% | 3.86% | +8 bps | |
| Efficiency Ratio | 63.75% | 69.01% | 62.87% | 73.01% | 63.20% | -56 bps | |
| Non-Interest Burden | 2.31% | 2.53% | 2.31% | 2.74% | 2.33% | +2 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 5.72% | 7.42% | 6.35% | 4.04% | 0.63% | -509 bps | |
| Loan Growth (YoY) | 5.02% | 7.58% | 5.48% | 3.48% | 1.05% | -396 bps | |
| Deposit Growth (YoY) | -1.08% | 1.62% | 5.38% | 6.57% | 6.80% | +788 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.21% | 0.00% | 0.00% | 0.00% | 0.00% | -21 bps | |
| Net Charge-Offs / Loans | 0.34% | 0.25% | -0.01% | -0.01% | -0.01% | -35 bps | |
| Allowance / Loans | 0.84% | 0.85% | 0.89% | 0.91% | 0.92% | +8 bps | |
| Allowance Coverage of NPLs | 4.1x | n/a | n/a | n/a | n/a | n/a | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 11.14% | 10.87% | 11.03% | 11.20% | 11.47% | +33 bps | |
| Total Risk-Based Capital | 12.65% | 12.57% | 13.13% | 13.12% | 13.35% | +71 bps | |
| Equity / Assets | 10.77% | 10.72% | 11.11% | 11.07% | 11.36% | +59 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 119.06% | 115.96% | 114.56% | 114.89% | 112.66% | -640 bps | |
| Liquid Assets / Assets | 5.91% | 6.18% | 6.61% | 6.26% | 5.87% | -4 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |